The reasons why Eldorado Gold Corporation proceeded with the recent Application for Payment towards the Greek State explains Mr. Christos Balaskas, Vice-President and General Manager, Greece of the company in an interview to Capital.gr.
As Mr. Balaskas underlines that instead of proceeding with the full development of the project – which would bring huge economic benefits to the national and local economy – after 21 months the case is pending for the second time before the Council of Stat and adds:
“I would like to elaborate on the importance of the full restoration of the mining activity areas, since the practice of rehabilitating an area in parallel with the mining activity until its full restoration, is among the best practices globally and a high investment few companies decide to implement. Eldorado is not only committed towards that direction, but also proves practically its intention in the Olympias region, where the company reclaims an area of 260.000 sqm, having already removed 2.6 million tonnes of wet tailings from the previous mining activity. Additionally, the company started a nursery of 150.000 sqm with more than 300 different species of local plants, which addresses the needs of the mines’ reclamation works as well as those of the region.”
Read full interview at capital.gr
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